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Michael Banner

Michael Banner

National Reverse Mortgage Educator at American Pacific Mortgage and host of the 62WhoKnew Podcast, with 40+ years in mortgage lending.

Sep 17, 2026

27:53
happening to their income as well? They're on
27:57
fixed income.
27:58
And again, they're not rich, but they're not poor.
28:00
But they said to the realtor, where are we going to go for $200,000? Now, I met them a month ago.
28:05
And I said, well, this is what you're going to do.
28:08
If you have $200,000 in cash, you can buy a $300,000 house.
28:14
Well, how are we going to do that? I'm going to give you a mortgage.

9 MINS LATER

36:57
Oh, yeah.

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